Behind the every growth Story there is a person who knows the numbers, takes care of the cash and implementation of a growth strategy. S/he is a CFO.
riskrate met Jukka Luoma, Leanware's inspiring, modern CFO, from the sunny Tampere. Previously, Jukka has been in response of the successful listing of Robit Plc (HEL: ROBIT) on the Nasdaq First North Growth Market and the exit of Parmaco for a British private equity investor.
In August 2020, Jukka started as a CFO of Leanware, a solution for the supply chain optimisation, after the private equity investor Korona Invest had become the majority owner. Leanware is looking for significant growth and Jukka is the first CFO of Leanware
The growth of online sales and e-commerce is a great opportunity for Leanware. We are also transforming to the SaaS, which is enabling a quick ROI to our Customers.
“C19 increased the demand of e-commerce and online sales, which is a great opportunity for Leanware. We are also transforming to the SaaS model, brings instant savings to our Customers. ARR also increases our valuation by a better factor." Jukka told us.
"As a CFO of a venture capitalist's portfolio company, the most important financial metrics are revenue, or ARR growth, and profitability, EBITDA, which is strongly linked to cash.
However, the actual cash at bank account, and the calculated cash using ARR are two different things in SaaS. That's why the my third KPI is Cash."
The Cash in bank account and the calculated cash in accounting are two different things in hybrid SaaS. That's why Cash is one of my KPIs, which is predicted using machine learning.
"I predict cash using machine learning. The accuracy of the riskrate prediction model exceeded my expectations. riskrate can predict future cash with a superior accuracy using a small amount of data. You really don't have to be a billion-dollar retailer to get confidence about future cash." says Jukka
Get accurate insights on how a customer buys and pays, how you spend your money and how the future cash flow looks like. Sign up in 8 minutes, instantly see the results.